The installation of the outside envelope on all levels of “The Dime” in Williamsburg, Brooklyn is nearing the finishing mark. The topped-out, 23-story mixed-use complex is located at 209 Havemeyer Street and stands close to the elevated Marcy Avenue subway station. Fogarty Finger Architecture is in charge of designing the new building, which rises behind the 111-year-old, landmarked Dime Savings Bank, while Charney Construction & Development and Tavros Holdings are developing the 350,000-square-foot complex. Douglas Elliman is handling leasing, JLL is the commercial broker, and Ripco is handling the retail component.
Construction has topped out on 329 Broadway, a 17-story mixed-use residential tower in Williamsburg, Brooklyn. Designed by Syndicate Architecture and developed by Parkview Management, the 195-foot-tall structure contains 175,000 square feet of newly built space. The development will feature 63 units, more than 59,000 square feet of retail area on the first two floors, and around 24,500 square feet of community facilities on the third and fourth floors. JLJ Capital recently provided $57 million in financing for the project.
Studio MDA will again present drawings to the city’s Landmarks Preservation Commission for a proposed alteration and vertical expansion of 85 Franklin Street in Tribeca. The updated set of elevation models and renderings reveal modifications to the building’s façade above the third floor and geometric cornice details at the roof of the structure.
Last week, media-focused investment firm Great Point Capital Management signed on entertainment company Lionsgate as its anchor tenant for a new $100 million production-studio development in Yonkers. Lionsgate will also be an investor in the project that includes five studios and a back lot near the Yonkers downtown Metro-North train station. Also a partner in the joint venture is developer National Resources.
Exterior work is wrapping up on One South First, the tallest new building to be constructed in the Williamsburg waterfront development of Domino Park. Formally addressed as 260 Kent Avenue, the reinforced concrete structure rises on the northern end of the master plan and is part of the large-scale revitalization of the Domino Sugar factory site. The 435-foot-tall mixed-use project will soon yield 330 rentals, 66 affordable units, and 150,000 square feet of office space among 22 floors, as well as 13,000 square feet of ground-floor retail space. COOKFOX is the architect of the tower and Two Trees Management is the developer.